Commodity ratio · live

UK Gas to Hot-Rolled Coil Steel Ratio

The uk gas to hot-rolled coil steel ratio is 0.1377 UK Gas at $164.84 per Therm divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton.

Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Therm

UK Gas to Hot-Rolled Coil Steel ratio

0.1377+40.30% / 1Y

1.000 Thm of uk gas = 0.1377 T of hot-rolled coil steel

Inverse (HRC-STEEL/UK-GAS): 7.262 — one Metric Ton of hot-rolled coil steel buys that much uk gas.

Near the top of its 1 year range — historically stretched. (99th percentile of the last 1 year)

UK Gas

$164.84

per Therm

Hot-Rolled Coil Steel

$1,197.06

per Metric Ton

Unit basis: USD per Therm ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Therm of uk gas. Prices as of Mon, 24 Aug 2026 10:34:27 GMT.

1Y average

0.1001

median 0.09867

1Y low

0.07077

Feb 18, 2026

1Y high

0.1713

Mar 19, 2026

Normal band

0.08413–0.1162

mean ± 1 std dev

Deviation from mean

+2.35σ

341 observations

UK Gas to Hot-Rolled Coil Steel ratio charts

Pick a range once — it applies to the UK-GAS/HRC-STEEL ratio line, the OHLC candles and the UK Gas / Hot-Rolled Coil Steel price chart below.

UK-GAS/HRC-STEEL ratio line

How many T of Hot-Rolled Coil Steel one Thm of UK Gas buys, over 1Y.

UK-GAS/HRC-STEEL ratio candles

Open, high, low and close of the UK-GAS/HRC-STEEL ratio for each period in the last 1Y.

UK Gas and Hot-Rolled Coil Steel prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the uk gas to hot-rolled coil steel ratio

UK Gas to Hot-Rolled Coil Steel ratio = UK Gas price per Therm ÷ Hot-Rolled Coil Steel price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of hot-rolled coil steel per Therm of uk gas — rather than a plain count.

Worked example, live prices: $164.84 ÷ $1,197.06 = 0.1377. The inverse is 7.262.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the uk gas to hot-rolled coil steel ratio today?

The uk gas to hot-rolled coil steel ratio is 0.1377 — UK Gas at $164.84 per Therm divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton, from live mid-market prices.

How do you calculate the uk gas to hot-rolled coil steel ratio?

Divide the uk gas price per Therm by the hot-rolled coil steel price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of hot-rolled coil steel per Therm of uk gas.

What is the inverse of the uk gas to hot-rolled coil steel ratio?

The inverse, hot-rolled coil steel to uk gas, is 7.262 — how many Therms of uk gas one Metric Ton of hot-rolled coil steel buys.